Tower One Wireless Corp (TOWTF)

[gjervis]

Q1 2018 Results are out

March 31 2018 Lease income is $551,858 when compared to March 31 2017 Lease income of $22,849. Looking forward to March 31 2019.

Losses still growing as expected. losses mainly from stock based compensation and alot of one time expenses.

Hope they curb their expenses significantly.

Really looking forward to their next news release. Hope it has some info on number of towers generating revenue and also the collocation growth.

Curious to know if any of the collocated towers have more than two tennants.

Hoping we are also close to getting some form of decent debt financing. Only debt we are able to access if from Alex's father at 24%/annum along with a company associated with one of the directors also at 24%/annum, however, these are unsecured debts.

We need access to larger debt at a more reasonable rate. Hope we can achieve this very soon.

Curious to also know where we are with the spinout of TCTS which in a previous news release said a definitive agreement is expected to be completed on or before June 1st 2018.

So, i suspect that they are holding back on the monthly 5 tower construction/month news releases for a news release with serious substance. (I hope)